A swap where interest rate risk can be shifted byconverting floating rate liability or vice versa

Related MCQs

• A fixed-for-floating interest rate swap with the floating rate leg tied to an index of daily interbank rates or overnight
• A swap deal wherein floating rate payer pays the floating rate square or cubic or any power of the rate to the counter party
• The type of swap agreement which gives seller the chance to terminate swap at any time before maturity.
• A swap where principal amount decreases over prespecified points of time over the life time of swap
• A swap that pays certain fixed amount if the rate is above or below a certain level.
• Swaps whose notional accretes when a certain floating rate,often a different rate from the one used to pay,lies within a range.
• When Swap is combined with Option it is called
• A swap that takes into consideration daily variation of market rates within specific range.
• A swap agreement that allows the purchaser to fix the duration of received flows on aswap.
• The underlying amount in a swap contract